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Author Question: Gains and losses from involuntary conversions of property used in a trade or business generally are ... (Read 31 times)

madam-professor

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on: Sep 13, 2020

Question 1

Depreciable property used in a trade or business for one year or less is considered Sec. 1231 property.
◦ true
◦ false

Question 2

Gains and losses from involuntary conversions of property used in a trade or business generally are classified as capital gains and losses.
◦ true
◦ false
Federal Taxation 2017 Individuals ¦ Pope, Rupert, Anderson ¦ 30th Edition
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Marked as best answer by madam-professor on Sep 13, 2020

todom5090

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Reply #1 on: Sep 13, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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madam-professor

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Reply 2 on: Sep 13, 2020
YES! Correct, THANKS for helping me on my review

billybob123

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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